Posted August 15, 2012
Earlier this week we detailed the ways current policy and regulatory approaches to energy could be changed to allow increased oil and natural gas development – which could drive job creation, overall economic growth and help generate tax revenue for government. Right now our economy is being shortchanged because too much of America’s vast energy potential is bound up – reflected in our new ad:
America needs the kind of stimulus that increased oil and natural gas development could provide. Policies and regulation are blocking that stimulus at a time when individual Americans and businesses need it the most. The Associated Press reports that we’re seeing the worst economic recovery since World War II:
"It's difficult for consumers to summon the confidence to spend and businesses the confidence to hire and expand. Never in the postwar period has there been so much uncertainty about what policymakers will do, says Steven Davis, an economist at the University of Chicago Booth School of Business: 'No one is sure what will actually happen.'"
The uncertainty and the regulatory obstacles to increased energy development can be changed. A plan for American-made energy is within reach – and with it a boost that will really help this economy get out of the starting blocks.
ABOUT THE AUTHOR
Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.